RBI: An agent of government of India in IMF - General Economics & Indian Economy

Q.  Consider the following statements

1. RBI is agent of government of India in IMF
2. RBI can buy or sell government securities to control money supply.

Which of the above statements is/are correct?

- Published on 06 May 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both

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